AG announces arrest of Sam Bankman-Fried

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AG announces arrest of Sam Bankman-Fried

Former CEO of FTX Sam Bankman-Fried has been arrested, Attorney General Ryan Pinder has announced.

In a statement released on Monday evening, Mr Pinder said the arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.”

Police said that officers of the Financial Crimes Investigation Unit arrested Bankman-Fried shortly after 6pm on Monday at his apartment complex in Albany.